Brief: Kona I to sell its entire stake in Korea Kakao for 4 bln won

Kona I

01/12/2016 09:56

Dec 1 (Reuters) - Kona I Co Ltd  052400.KQ  : 
     
    * Says it will sell 800,000 shares of Korea Kakao Corp, a 
commercial bank, to strengthen core business and new business  
    * Says transaction amount is 4 billion won  
    * Says it will hold 0 percent stake in the company, after 
the transaction 
     
     
    Source text in Korean: https://goo.gl/s3KMIY 
    Further company coverage:  052400.KQ  
 
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